I've been keeping my eye open so that when I am ready to purchase something in a few months I am better educated on what is a 'good deal', so I've looked at single family homes, town homes, and multi family homes (mostly duplexes with a few 3 or 4 unit properties mixed in).

Follow the rehabbing threads closely, listen to the podcasts, engage in the community, and grow your network.Before you know it you'll be ready for your first deal!

I'm kind of skeptical of this person, and not immediately ready to sign over a judgment without a little more fidelity in his processes & capabilities.Questions for the forum:1.

My lawyer is ready to close as we'll as the seller.

Then I may switch to less time consuming.

Not all HUD homes are move in ready.

As every time I walk on them I feel like they are ready to collapse.

The podcast was #29: http://www.biggerpockets.com/renewsblog/2013/08/01/bp-podcast-029-peer-to-peer-fix-hold-dawn/ @Yang Xiao It was 174500, 3080 sq ft, rent ready with window treatments, towel holders, and landscaping.

@John Soforic undefinedI am in a similar situation, getting ready to install 57 windows in a new project in February.

My first 'real' job was in mortgage banking and I've followed the trends as a consumer ever since.I'd like to dip my toe in the water by buying one starter home to flip over a long-ish term of 6 - 12 months.